DUBLIN, March 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/n9mvb8/global_commercial) has announced the addition of the "Global Commercial Telematics Market 2016-2020" report to their offering.
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This comprehensive report predicts that the global commercial telematics market is set to grow at a CAGR of 27.39% during the 2016-2020 period.
Commenting on the report, an analyst from the research team said: One of the major trend in the market is vehicle sharing telematics solutions. A sophisticated telematics tracking system manages the availability, access, and usage of vehicles for the emerging vehicle rental model, remotely. This system uses telematics units to provide all necessary captured data and operational control.
According to the report, improved vehicle efficiency and safety is driving the market during the forecast period. Vehicle telematics is an integration of communication, vehicle monitoring systems, and location technology. It enables and enhances vehicle maintenance, thus preventing crashes. It also helps in remote vehicle diagnosis, data logging, and tracking real-time information about technical and mechanical maintenance work.
Further, the report states that high cost of fleet tracking hinders the market growth.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- MiX Telematics
- TomTom Telematics
- Trimble Navigation
- Kore Telematics
- Octo Telematics
- Omnitracs (Astrata Group)
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by solution
PART 07: Market segmentation by service
PART 08: Market segmentation by end user
PART 09: Market segmentation by technology
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: About Author
For more information visit http://www.researchandmarkets.com/research/n9mvb8/global_commercial
Research and Markets
Laura Wood, Senior Manager
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